a combination of the popular GARCH model class with a spatial component, inspired by generalized space-time models. The …

-economic network theories (e.g. entropy maximization, spatial interaction theory, etc.); (ii) the nature of the analytical relationship … sensitivity of empirical findings for changes in scale, functional forms, time periods, and network structures. Our application is … concerned with an extensive spatio-temporal panel database related to the evolution of urban population in Germany. We test the …

for spatial heterogeneity. In particular, Bayesian and Maximum-Likelihood (ML) estimation methods are employed for model … estimation can be achieved by controlling for both phenomena …